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Unitil Declares Common Stock Dividend

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Unitil Corporation (NYSE:UTL) has declared a quarterly dividend of $0.39 per share on its common stock, set to be paid on August 26, 2022, to shareholders recorded by August 12, 2022. This dividend reflects an effective annualized rate of $1.56 per share. Unitil serves approximately 107,700 electric customers and 86,600 natural gas customers across New England, emphasizing its commitment to providing safe and reliable energy.

Positive
  • Quarterly dividend of $0.39 per share demonstrates commitment to returning value to shareholders.
  • Effective annualized dividend rate of $1.56 per share indicates ongoing financial health.
Negative
  • None.

HAMPTON, N.H., July 27, 2022 (GLOBE NEWSWIRE) -- Unitil Corporation (NYSE:UTL) (unitil.com) today announced that its Board of Directors declared the regular quarterly dividend on the Company’s common stock of $0.39 per share, payable August 26, 2022, to shareholders of record on August 12, 2022. This quarterly dividend results in a current effective annualized dividend rate of $1.56 per share.

About Unitil Corporation
Unitil Corporation provides energy for life by safely and reliably delivering natural gas and electricity in New England. We are committed to the communities we serve and to developing people, business practices, and technologies that lead to the delivery of dependable, more efficient energy. Unitil Corporation is a public utility holding company with operations in Maine, New Hampshire and Massachusetts. Together, Unitil’s operating utilities serve approximately 107,700 electric customers and 86,600 natural gas customers. For more information about our people, technologies, and community involvement please visit unitil.com.

For more information please contact:

Todd Diggins – Investor Relations
Phone: 603-773-6504
Email: diggins@unitil.com

Alec O’Meara – Media Relations
Phone: 603-773-6404
Email: omeara@unitil.com


FAQ

What is the dividend amount declared by Unitil Corporation?

Unitil Corporation declared a quarterly dividend of $0.39 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on August 26, 2022.

What is the record date for the dividend payment?

The record date for the dividend payment is August 12, 2022.

What is the annualized dividend rate for Unitil Corporation?

The effective annualized dividend rate is $1.56 per share.

How many customers does Unitil serve?

Unitil serves approximately 107,700 electric customers and 86,600 natural gas customers in New England.

Unitil Corporation

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Utilities - Diversified
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United States of America
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